Sharjah Ports Authority and Damen Shipyards celebrated the keel laying of two new vessels recently.
The ceremony, which was presided over by Mohammed Meer Al Sarrah, director of the Department of Seaports and Customs at the Hamriy
Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with infrastructure projects planned and currently in progress totalling more than $30 billion.
Experts presented a series of papers to over 200 delegates
Qatar has awarded construction contracts worth QR14 billion ($3.8 billion) for a new container port, which will be located in Mesaieed south of the capital Doha, said a report.
The port, which is being built at an estimated cost o
Gulf counties will aim to capitalise on 4.5 per cent forecasted 2014 growth in global trade and the economies of scale presented by bigger ships and alliances, according to maritime experts.
The Middle East is investing heavily in
Libya has yet to resume exports from the eastern Ras Lanuf and Es Sider oil ports as the state oil firm waits for the government to notify it on the end of the blockade, a spokesman for the National Oil Corp (NOC) said on Sunday.
The opportunities in Saudi Arabia’s ports and shipping sector will be highlighted by the government heads of transport and of economy and planning at a summit in Damman in November.
Dr Jubarah Bin Eid Al-
Operations at Kuwait's three ports were halted on Monday due to bad weather, the state news agency KUNA said, and an oil source said the Opec member has suspended receiving ships at the country's oil ports.
Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with a number of mega infrastructural land and sea projects worth $30 billion within the government’s current five-year plan.
There are curren
Libya's parliament has ordered a special force be sent within one week to "liberate" all rebel-held ports in the volatile east, officials said on Monday, raising the stakes over a blockage that has cut off vital oil revenues.